US Military Launches Unprecedented $1bn Critical Minerals Stockpile Amid China Export Restrictions
The Pentagon has launched an ambitious effort to procure up to $1bn worth of critical minerals as part of an accelerated stockpiling programme designed to counter Chinese control of materials essential to defence manufacturing.
The initiative challenges Chinese dominance of the supply chain for metals essential to the defence industry, with public filings from the Pentagon's Defense Logistics Agency revealing the scope of the procurement drive in recent months.
The Trump administration's initiative challenges Chinese dominance of supply chain for metals essential to defence industry
Author's summary: Pentagon launches $1bn minerals stockpile.